Adler Group S.A.: Statement on the parliamentary inquiry of 'DIE LINKE'
September 20, 2021 at 05:22 am EDT
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DGAP-News: Adler Group S.A.
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Adler Group S.A.: Statement on the parliamentary inquiry of 'DIE LINKE'
20.09.2021 / 11:20
The issuer is solely responsible for the content of this announcement.
Adler Group S.A.: Statement on the parliamentary inquiry of "DIE LINKE"
Berlin, 20 September 2021 - The parliamentary group DIE LINKE, with reference to media reports, has submitted a parliamentary inquiry to the Federal Government on the merger of ADO Properties S.A., ADLER Real Estate AG, and Consus Real Estate AG back in 2020 and the resulting creation of the consolidated Adler Group, led by Adler Group S.A.. Adler Group comments as follows on the questions posed to the Federal Government by the parliamentary group DIE LINKE:
All relevant topics date back to 2020, have been published in a number of notifications and were also disclosed in numerous prospectuses and in our annual accounts 2020.
Maximilian Rienecker, Co-CEO of the Adler Group, comments: "Upon request, we have always provided full transparency to all authorities and we are not aware of any investigations."
The Federal Financial Supervisory Authority (BaFin) was fully informed about and approved the corresponding documents to all takeover offers as published on our website:
Adler Group S.A. | Investor Relations (adler-group.com).
Investor Relations:
T +352 278 456 710
F +352 203 015 00
E investorrelations@adler-group.com
20.09.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
Adler Group S.A.
1B Heienhaff
1736 Senningerberg
Luxemburg
Phone:
+352 278 456 710
Fax:
+352 203 015 00
E-mail:
investorrelations@adler-group.com
Internet:
www.adler-group.com
ISIN:
LU1250154413
WKN:
A14U78
Indices:
SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX
Adler Group SA, formerly known as ADO Properties, is a Luxembourg-based real estate company. The Company operates in Germany, in the residential real estate field with approximately 70,000 residential units, and a development pipeline of approximately 10,000 new flats in Germany. The Company focuses on asset and portfolio management, property and facility management and developing residential properties throughout Germany. The Company operates through two business segments: Residential property management and development. Residential property management offers renting and managing residential properties, the management of tenancy agreements and marketing of residential units with the focus on optimization of rental income. The development side of the business splits into build-to-sell projects and build-to-hold projects.
ADLER GROUP S.A. 
